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With the Ethereum network seeing reduced activity recently, the amount of ETH generated from staking has once again surpassed the amount of ETH burned from transaction fees. According to data from Ultrasound.money, Ethereum's (ETH) annual inflation rate has climbed back to 0.08% as of December 6.
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Bitcoin mining difficulty dropped by 7.32% on December 6, as BTC miners shut down operations amid the ongoing brutal market downturn. According to data from BTC.com, the Bitcoin mining difficulty adjustment at block 766,080 fell by 7.32%, marking the largest decrease since July 2021. This was
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The AXS token of the blockchain game Axie Infinity has seen a strong recovery over the past 48 hours, thanks to a series of new updates from the project. On December 5 and 6, the team behind the once-famous blockchain game Axie Infinity released several notable updates, driving a remarkable
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Vitalik Buterin has recently published an essay discussing issues surrounding the Ethereum ecosystem and the broader blockchain space. At the start of his essay, Vitalik reflects on a time years ago when he believed blockchain could solve all current problems. However, he now acknowledges a shift in his thinking, moving
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BinaryX, a fantasy RPG project supported by Binance Labs, has been hit with a significant sell-off following a wave of token dumping. Update as of the evening of December 5: As of the evening of December 5, BinaryX has proposed two options to utilize 6.5 million BUSD to buy
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Hong Kong Polytechnic University has unveiled its inaugural blockchain education program, marking a significant milestone in the region's academic landscape. According to the university's enrollment announcement, this is the first Master of Science in Blockchain Technology (MScBT) program in Hong Kong. The curriculum is designed to
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The turbulence for Solana doesn't seem to be ending anytime soon, as the ecosystem finds itself entangled in a fresh wave of rumors involving alleged extortion by a project within its own network. Note: This article is based on rapid information circulating within the Twitter community. No verified
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The protracted two-year legal battle between the SEC and Ripple appears to be nearing its conclusion, with Ripple filing its final brief in the lawsuit against the U.S. regulatory body over the weekend. The high-profile cryptocurrency case involving the U.S. Securities and Exchange Commission (SEC) and Ripple is
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According to data from TokenUnlocks, the decentralized exchange 1inch is poised to see a significant unlock event, with $111 million worth of 1INCH tokens scheduled for release. On December 30, 227.2 million 1INCH tokens—nearly 15% of the total supply of 1.5 billion tokens—will be unlocked. This
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In last week’s analysis, we anticipated a more active trading week, and indeed, we saw several take-profit actions. Let’s review the trades from the past week and plan our trading strategy for the upcoming week. Review of Last Week's Trades Last week, I set up a
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Ethereum’s Ropsten testnet, a key experimental network for Ethereum, will officially retire at the end of December. Ethereum's Ropsten Testnet to Retire by End of December According to an announcement from the Ethereum development team, the complete shutdown of Ropsten’s infrastructure will be extended for two
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Ankr, a provider of node infrastructure for Proof-of-Stake blockchains, has fallen victim to a security breach, with hackers aggressively dumping BNB. Update - December 2nd, Evening: Following an assessment of the attack, Ankr has announced that the damage from the reckless minting of the aBNBc token amounts to approximately $5
